The rent prices in real estate in New Hudson, in the Michigan region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in New Hudson has fallen during the last 6 months. In November, the average price per sq.feet was $1.76. In December this price barely changed remaining at $1.78 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has fallen 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.59 to $1.5 during March, and April.
When referring to the price in New Hudson (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,773. In December This price remains at $1,813. During the following two months (January, February) the average price had a considerable fall of 63 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,255 they are 52 % more affordable than the average price for New Hudson . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 44 % more expensive than the average aforementioned.